SBA announces funding package to spur P.R. economy
August 18, 2015
U.S. Small Business Administration head María Contreras-Sweet was in Puerto Rico Monday to announced a series of initiatives to spur the island’s economy and create jobs.
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USDA announces funding to repair rural area homes
August 17, 2015
The U.S. Department of Agriculture’s Rural Development Home Repair Program is offering qualifying rural homeowners the opportunity to apply for loans and grants to repair their dwellings, agency officials announced.
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P.R. gets nearly $14M in federal funds for projects
August 10, 2015
The Federal Emergency Management Agency is allocating $10.1 million to Puerto Rico under four separate grant programs.
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Guayacán, Codetrotters win SBA funding competition
August 5, 2015
Grupo Guayacán Inc. and Codetrotters Academy were among the 80 winners of the second annual Growth Accelerator Fund Competition announced Tuesday by the U.S. Small Business Administration.
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USDA grants $153K to Puerto Rico for housing repairs
October 20, 2014
The U.S. Department of Agriculture recently granted Puerto Rico $153,345 to help rural families repair and rehabilitate their homes. The funding is included in a global $4.8 million the agency is doling out nationwide, U.S. Agriculture Secretary Tom Vilsack announced.
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Piloto 151 wins $50K prize through SBA competition
September 5, 2014
Pilot 151, a co-working space in San Juan whose mission is to enable entrepreneurs to create global companies in an environment conducive to productivity and innovation, was one of 50 accelerators chosen to receive a $50,000 cash prize from the U.S. Small Business Administration.
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USDA makes $33M available for farm labor housing
July 17, 2014
Agriculture Acting Under Secretary Doug O’Brien announced the availability of more than $33 million to provide safe and affordable housing for farm workers and their families through the Farm Labor Housing Program.
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Puerto Rico receiving $6.2M from USDOL for job training
June 26, 2014
The U.S. Department of Labor announced Wednesday grants exceeding $154.7 million awarded to 32 states, Puerto Rico and the Cherokee tribal nation through the Job-Driven National Emergency Grant program.
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Lawmakers spare Meet Puerto Rico, kill bill to end funds
June 26, 2014
Senate Bill 1160, which proposed eliminating $4.5 million a year in public funding to conventions and groups coordinator Meet Puerto Rico, was drawn from the Senate session late Tuesday night, the entity’s leadership said Wednesday.
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Tourism on alert over bill that would kill Meet Puerto Rico
June 25, 2014
The tourism sector raised a red flag Tuesday over the filing of a Senate Bill late last week that would effectively kill Meet Puerto Rico, the island’s convention and groups coordinator responsible for generating more than $110 million a year for the local economy.
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Puerto Rico, USVI get $330K for unemployment services
June 25, 2014
Puerto Rico and the U.S. Virgin Islands received a combined $330,534 from the U.S. Department of Labor to implement or continue re-employment and eligibility assessments for unemployment insurance beneficiaries, the agency announced Tuesday.
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Popular gets green light to repay $935M in TARP funds
June 18, 2014
Nearly six years after receiving $935 million from the U.S. Treasury through its Troubled Asset Relief Program, Popular Inc. announced Wednesday it has received the go-ahead from regulators to repay the amount.
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Puerto Rico’s MBDA Business Center gets $75K to expand
September 17, 2013
The U.S. Department of Commerce's Minority Business Development Agency (MBDA) announced Monday a supplemental investment of $625,000 to five existing MBDA Business Centers, including the Puerto Rico office.
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NeoMed Center pumps $5.5M to expand facilities
September 16, 2013
NeoMed Center, a nonprofit corporation that operates several 330 primary health centers, is expanding its facilities in Gurabo through an investment of $4.9 million from federal funds.
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Puerto Rico, USVI get $1M in re-employment funds
July 16, 2013
The U.S. Department of Labor awarded Monday approximately $64.3 million to 38 states, Puerto Rico, the U.S. Virgin Islands and the District of Columbia to implement or continue re-employment and eligibility assessments for individuals who receive unemployment benefits.
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